58 bankruptcies in week 38

© ANP
In week 38, 58 companies and institutions including sole proprietorships were declared bankrupt, as reported by Statistics Netherlands (CBS). This is 12 more than in week 37. In the first 38 weeks of 2020, altogether 2,511 bankruptcies were pronounced among companies and institutions in the Netherlands. This is 241 down on the same period in 2019.

Throughout the coronavirus crisis, CBS is providing weekly updates on the number of bankruptcies pronounced by Dutch courts. The weekly updates are normally released on Thursdays at 12.00 p.m.

Not including sole proprietorships, there were 51 bankruptcies in week 38. This is 8 up on the previous week. In addition, 7 sole proprietorships were declared bankrupt, 4 more than in the previous week.

Number of bankruptcies of businesses and institutions (including sole proprietorships), weekly
YearWeekBankruptcies
2019117
2019274
2019369
2019482
2019587
2019671
2019784
2019864
2019983
20191074
20191163
20191285
20191380
20191485
20191581
20191688
20191764
20191858
20191972
20192056
20192178
20192283
20192359
20192464
20192581
20192678
20192775
20192874
20192976
20193064
20193170
20193267
20193378
20193474
20193565
20193649
20193787
20193893
20193969
20194064
20194174
20194269
20194345
20194495
20194574
20194684
20194778
20194879
20194981
20195071
20195196
20195254
2020125
2020272
2020370
2020473
2020582
2020667
20207114
2020873
2020968
20201080
20201176
20201268
20201347
20201474
20201597
20201665
202017112
20201880
20201957
20202092
20202185
20202279
20202372
20202460
20202586
20202631
20202765
20202864
20202957
20203038
20203152
20203246
20203361
20203433
20203549
20203637
20203746
20203858
202039
202040
202041
202042
202043
202044
202045
202046
202047
202048
202049
202050
202051
202052

Most bankruptcies recorded in retail trade

Of all sectors, retail trade recorded the highest number of bankruptcies, namely 12. This is 8 more than in the previous week. Furthermore, 9 companies were declared bankrupt in construction, 4 fewer than in week 37. In the specialised business services sector (including legal services providers, architectural offices and advertising agencies), 7 companies went bankrupt, 4 more than in week 37.

Number of bankruptcies of businesses and institutions (including sole proprietorships) by sector, 2020
SectorWeek 38Week 37
Retail trade124
Construction913
Professional, scientific and
technical services
73
Manufacturing63
Wholesale52
Food and beverage service activities40
Financial and insurance activities33
Transportation and storage21
Real estate activities22
Human health and social work activities24
Arts, entertainment and recreation21
Employment activities10
Travel agency, tour operator and
other related activities
13